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Iute Group

🌎 iutecredit.com

Iute Group is a leading European fintech company established in 2008, specializing in consumer finance and payment services through its subsidiaries. The company offers unsecured installment loans, buy-now-pay-later loans, and car-secured loans with various maturities. Operating in countries like Moldova, Albania, North Macedonia, Bulgaria, and Bosnia and Herzegovina, Iute Group focuses on creating an extraordinary experience in personal finance by exceeding customer expectations.

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Iute Group - Latest News and Updates

• Iute Group's net profit for 2024 fell short of the company's target according to a stock exchange announcement.
• Iute Group reported unaudited results for 12M/2024, highlighting longer maturities and stronger customers offsetting falling interest rates, with expectations of 10% revenue growth and 20% net profit growth in 2025, according to CEO Tarmo Sild.
• Iute Group will release its unaudited 12M 2024 results and hold an earnings webcast with CEO Tarmo Sild, CFO Kristel Kurvits, and CRO Tarvo Rahumägi on February 20, 2025.
• Iute Group reported a 10.6% increase in its consolidated balance sheet for 2024, reaching 415.7 million EUR.
• Iute Group has started activities to refinance its outstanding corporate bond 2021/26.

• On February 12, Iute Group hosted Investor Toomase Investeerimisklubi at their headquarters with CEO Tarmo Sild and the management team sharing insights into the company's operations.

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